End of an era for Nashua Corp. — Merrimack location to close

First quarter net sales were $929 million, up $108 million, or 13.2%, from the first quarter of 2017. After adjusting for acquisitions, changes in foreign exchange rates, pass-through paper sales, and the adoption of new revenue recognition standards, organic net sales decreased 1.7% from the first quarter of 2017 which represents an improvement in the Company’s organic net sales trend. This improvement was driven by sales performance in the Print segment, especially within the book reporting unit, that was more than offset by the impact of customer inventory reductions in the Office Products segment. GAAP Net Income: First quarter 2018 net loss was $11 million, or $0.32 per diluted share, compared to a net loss of $1 million, or $0.02 per diluted share, in the first quarter of 2017. The first quarter 2018 net loss included after-tax charges of $7 million and first quarter 2017 net income included after-tax charges of $5 million, both of which are excluded from the presentation of non-GAAP net income. Click Read More below for additional information.

Worzalla, an employee-owned printing company specializing in high-quality children’s books and cookbooks, was a sponsor of this year’s Words & Friends for Literacy event hosted and organized by the Portage County Literacy Council. After taking a pause in 2020 and a remote event in 2021 due to the pandemic, this year’s event was a success in helping raise more than $20,000. The funds Worzalla raised and all donations from other participants will support the Portage County Literacy Council’s community-based literacy programs. The Words & Friends for Literacy fundraising event invited members of the community to form teams of four or more people and host a House Party for Literacy. Teams completed challenges and raised funds during Apr. 27, 28 and/or 29. Worzalla’s team, The Jefferson Street Girls, comprised of associates Sparky Musolf, Deb Clark, Brenda Betro, Sarah Zuehlke, Sheila Jasenovsky (Team Capitan), Kim Mains, Cathy Davis, Jennifer Heisler and Shasta Grosbier, took first place in collecting a total of $2,331.00 in pledges from friends, family and fellow Worzalla associates.

The Twin Cities of Minneapolis/St. Paul have long held a rich tradition of being the home to many well-known names in the printing industry. But among the leading printers in this crowded market space, one has decided to set seismic goals amid the competitive field in an effort to reap benefits for both its prized customers and its own 200 employee internal team. Bolger Vision Beyond Print, a commercial printer and customized technology solutions company led by CEO dik Bolger, has long needed a sister press to accompany its KBA Rapida 105 10-color long perfector press to provide its sales force with additional capacity for its growing sales volume. Later this summer, the pressroom will be accommodating that need with the installation of a new KBA Rapida 105 six-color press with UV and full automation. “The new KBA Rapida 105 six-color press will become our key workhorse,” says Bolger. “Our clients love our existing KBA 10-color perfector but we’re selling out of hours on the press. Not only will the new press give us extra capacity but it will also help us expand our luxury and education markets, as well as custom packaging. Now that we’re moving into our busy season in late summer, we’re depending on the new Rapida 105 six-color with all of its automation to cut our makeready times in half and double our run speed, which will have a multi-million dollar impact to our top line sales.” Click Read More below for additional detail.